WASHINGTON (Reuters) - U.S. Federal Deposit Insurance Corp Chair Martin Gruenberg said on Monday he planned to step down, finally succumbing to a months-long scandal over sexual harassment and other misconduct at the top bank regulator. Gruenberg, whose five-year term ends in 2028, said he would step down once a successor is confirmed. The White House will soon put forward...

WASHINGTON (Reuters) - U.S. auto safety investigators said on Monday they will investigate the April crash of a VinFast VF 8 electric vehicle in Pleasanton, California, in which a family of four died. The National Highway Traffic Safety Administration said the investigation will probe the April 24 crash circumstances and the ensuing fire. A complaint filed with the agency said...

(Reuters) - Chesapeake Energy ( CHK ), a top U.S. natural gas producer, began laying off employees this week after completing the divestiture of its oil assets last year, the company said on Monday. This week's layoffs follow its divestment of its Eagle Ford assets, not the company's pending merger with Southwestern Energy ( SWN ), Chesapeake said. The company...

WASHINGTON, May 20 (Reuters) - Ford Motor Co ( F ) said on Monday it backs the Biden administration's moves to dramatically cut vehicle emissions through 2032, rejecting Republican arguments the new climate rules are bad for business. The second largest U.S. automaker said it supports the Environmental Protection Agency's regulations announced in March to cut passenger vehicle fleetwide tailpipe...